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FX.co ★ DAX Kicks Off November Higher

DAX Kicks Off November Higher

Germany's DAX index climbed 0.6%, exceeding 24,100 on Monday, marking a cautiously optimistic beginning to November for European markets. Investors remained attentive to corporate earnings from preceding weeks while also concentrating on the day’s PMI surveys for the manufacturing sectors in both the Eurozone and the United States. Additionally, several representatives from the Federal Reserve and the European Central Bank are slated to deliver speeches this week, potentially reaffirming the central banks' recent policy stances. In terms of sectors, banking, insurance, and automotive stocks led the gains.

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